Pepe

Fortune

April

Shiba Inu

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<li><strong>Lookonchain has highlighted three smart money addresses that made millions in profits from investing in Shiba Inu (SHIB) and PEPE before both assets&#8217; bull runs.</strong></li>
<li><strong>Smart money addresses are regarded as experienced investors with a track record of successful investment decisions based on on-chain data.</strong></li>
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<h2 id="smart-money-whales-make-millions-investing-in-shiba-inu-and-pepe">Smart Money Whales Make Millions Investing in Shiba Inu and PEPE</h2>
<p>Lookonchain <a href="https://www.ethnews.com/shiba-inu-and-dogecoin-competitor-pepe-will-join-binance-innovation-zone-will-the-price-explode-report/">has recently called</a> attention to three smart money addresses that have made millions in profits from investing in Shiba Inu and PEPE before the assets&#8217; bull runs. These addresses are regarded as knowledgeable investors who are experienced in trading and have a successful track record of investment decisions based on on-chain data. Market watchers often put these addresses under close surveillance.</p>
<h2 id="data-shows-significant-profits-made-by-the-three-addresses-highlighted-by-lookonchain">Data Shows Significant Profits Made by the Three Addresses Highlighted by Lookonchain</h2>
<p>According to data from Etherscan, the first address purchased 1.31 trillion SHIB with $13.5K in February 2021, when SHIB was trading at $0.00000001. The address sold the tokens for $5.81 million amid the bull run, netting a profit of over $5.8 million. This same address <a href="https://www.ethnews.com/pepe-skyrockets-and-can-turn-your-251-investment-into-a-1-4m-fortune-in-a-couple-of-days-should-investors-give-it-a-try/">started</a> procuring PEPE on April 17, before the hype surrounding the asset gained momentum, purchasing a total of 396.7 billion PEPE with $9,815.</p>
<p>The address sold 116.8 billion tokens from its PEPE <a href="https://www.ethnews.com/pepe-soars-2100-in-30-days-major-exchange-listing-imminent-is-it-the-investment-opportunity-of-a-lifetime/">holdings</a> for $392K. They now hold 280 billion PEPE, with $1.18 million in realized and unrealized profits.</p>
<p>The second address <a href="https://www.ethnews.com/next-pepe-on-the-horizon-to-turn-your-251-into-1-4m-fortune-in-3-days-elon-musk-loves-the-project/">began procuring</a> Shiba Inu as early as April 2021 and made a profit of $3.84 million on his SHIB investment. This address started purchasing PEPE on April 19 of this year, procuring 558.5 billion PEPE with $286K. They now have an unrealized profit of $1.34 million on PEPE.</p>
<p>The third address, with the domain “cryptopolitan.eth,” purchased SHIB in February 2021, at the same time as the first address, <a href="https://www.ethnews.com/new-innovative-altcoin-to-be-listed-on-binance-is-it-the-next-pepe-to-turn-251-investment-into-1-4m-fortune-in-3-days/">raking</a> in a profit of $2.45 million on the investment. This address started buying PEPE on April 19, purchasing 340 billion PEPE with $103K. They’ve secured a profit of $695K on the PEPE investment.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">1/ Missed the <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>?</p>
<p>We found 3 SmartMoneys that both bought <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> and <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a> early and made millions of USD.</p>
<p>&#8211; 0x778c made $5.8M on <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> and $1.18M on <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>.</p>
<p>&#8211; 0x2af8 made $3.84M on <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> and $1.34M on <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>.</p>
<p>&#8211; cryptopolitan.eth made $2.45M on <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> and $695K on <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>.<br /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;" /></p>
<p>&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1654745103557341184?ref_src=twsrc%5Etfw">May 6, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="current-prices-of-shiba-inu-and-pepe">Current Prices of Shiba Inu and PEPE</h2>
<p>As of press time, Shiba Inu is down 1% in the past 24 hours, currently changing hands at $0.0000097, while PEPE is presently trading for $0.00000311, up 34% in the past 24 hours. SHIB <a href="https://www.ethnews.com/pepe-coin-soars-200-and-lands-on-major-exchange-could-it-overtake-shib-and-doge-as-the-next-meme-coin-craze/">has plummeted</a> below the support at $0.00001 for the first time in a long time. The asset is looking to recover the price zone in order to mitigate risks of further declines.</p>
<div class="cryptoboxes" id="mcw-12321" data-realtime="on"><div class="mcw-chart mcw-chart-light" data-font = "inherit" data-chartcoin = "SHI" data-chartcurrency = "USD" data-chartrate = "1.000268" data-charttype = "chart" data-chartview = "day" data-charttheme = "light" data-chartsmooth = "true" data-chartareacolor = "" data-chartbgcolor = ""></div></div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/from-251-to-1-4m-in-3-days-how-to-turn-your-pepe-investment-into-a-fortune/">From $251 to $1.4M in 3 Days: How to Turn Your Pepe Investment into a Fortune</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews: Bringing you the news of everything blockchain, Ethereum, and the internet.</a>.</p>

From $251 to $1.4M in 3 Days: How to Turn Your Pepe Investment into a Fortune

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